Final Reference Level definition

Final Reference Level means, subject to adjustment in accordance with Product Condition 4 and as provided in the definition of "Valuation Date", an amount equal to the Reference Level on the Valuation Date as determined by the Calculation Agent and without regard to any subsequently published correction(s);
Final Reference Level means the official closing level of the Underlying on the Determination Date; and
Final Reference Level means (i) the Reference Level determined by the Calculation Agent at the Scheduled Closing Time on the Final Valuation Date; or (ii) if "Asian-Out" is specified as being "Applicable" in the applicable Final Terms, the arithmetic mean of the Reference Levels determined by the Calculation Agent at the Scheduled Closing Time on each of the Asian-Out Observation Dates in accordance with the applicable Final Terms.

Examples of Final Reference Level in a sentence

  • If on the Final Valuation Date the Final Reference Level is lower than the Strike Level, an Index Linked Redemption Note will be redeemed on the Maturity Date at the Minimum Redemption Amount.


More Definitions of Final Reference Level

Final Reference Level means the arithmetic mean of the official closing level of the Underlying on the Averaging Dates;
Final Reference Level means, in respect of a PRC Property Share Security and a PRC Property Index Security, the price per Reference Underlying or PRC Property Share which is a constituent asset of such Reference Underlying, as applicable (net of Costs), converted into the Specified Currency using the RMB/USD exchange rate prevailing with respect to the settlement date(s) of such Reference Underlyings or PRC Property Shares or hedging arrangements sold, unwound or otherwise realised by the Hedge Provider or such other factors as the Calculation Agent shall determine as used by the Calculation Agent as appropriate in computing the Redemption Amount or Early Redemption Amount, as the case may be, payable by the Issuer upon redemption of such Security.
Final Reference Level means, (i) in respect of the SX5E Options Contract, the SX5E Final Settlement Price, (ii) in respect of the SPX Options Contract, the SPX Final Settlement Price and (iii) in respect of the Nikkei 225® Stock Average Index (Price Index), the Final Index Level.
Final Reference Level means in respect of the Underlying, the official closing level on the Determination Date;
Final Reference Level means in respect of (i) a PRC Property Share Security and a Valuation Period and (ii) a PRC Property Index Security and a Valuation Period, the weighted average price per Reference Underlying or PRC Property Share which is a constituent asset of the Reference Underlying, as applicable (net of Costs) which the Hedge Provider obtains in selling or otherwise realising the Reference Underlyings or such PRC Property Shares or unwinding any hedging arrangements (which will include any compensation or payment received by the Hedge Provider for or in lieu of the Reference Underlyings or for unwinding any relevant hedging arrangements) held directly or indirectly by the Hedge Provider to hedge the Issuer’s obligations in respect of the Securities during the Valuation Period, converted into the Specified Currency by the Calculation Agent using the Exchange Rate prevailing with respect to the settlement date(s) of the Reference Underlyings or hedging arrangements sold, unwound or otherwise realised by the Hedge Provider or such other factors as the Calculation Agent shall determine as used by the Calculation Agent in computing the Redemption Amount or Early Redemption Amount, as the case may be, payable by the Issuer upon redemption of such Security.
Final Reference Level means the official closing level of the Index on the Determination Date;
Final Reference Level means the relevant option in respect of Final Reference Level specified in the Term Sheet (if any):